Call reports 2008
SOUTH CENTRAL BANK OF MONROE COUNTY, INC. — 2008
What SOUTH CENTRAL BANK OF MONROE COUNTY, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 123,815,000 | 123,043,000 | 117,793,000 | 122,881,000 |
| Total loans | 77,204,000 | 79,572,000 | 81,887,000 | 83,345,000 |
| Allowance for loan losses | 991,000 | 880,000 | 927,000 | 961,000 |
| Securities available for sale | 34,082,000 | 30,987,000 | 29,696,000 | 26,415,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,694,000 | 95,625,000 | 94,000,000 | 99,179,000 |
| Interest-bearing deposits | 85,992,000 | 85,144,000 | 83,833,000 | 88,811,000 |
| Noninterest-bearing deposits | 10,702,000 | 10,481,000 | 10,167,000 | 10,368,000 |
| Equity capital | 12,533,000 | 12,037,000 | 12,530,000 | 12,914,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,852,000 | 3,695,000 | 5,540,000 | 7,313,000 |
| Interest expense | 840,000 | 1,600,000 | 2,300,000 | 2,991,000 |
| Net interest income | 1,012,000 | 2,095,000 | 3,240,000 | 4,322,000 |
| Noninterest income | 227,000 | 470,000 | 725,000 | 943,000 |
| Noninterest expense | 880,000 | 1,752,000 | 2,628,000 | 3,481,000 |
| Provision for loan losses | 30,000 | 355,000 | 430,000 | 783,000 |
| Pretax income | 329,000 | 458,000 | 907,000 | 1,001,000 |
| Income tax | 113,000 | 157,000 | 312,000 | 342,000 |
| Net income | 216,000 | 301,000 | 595,000 | 659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,140,000 | 12,224,000 | 12,512,000 | 12,583,000 |
| Total capital | 13,160,000 | 13,133,000 | 13,473,000 | 13,583,000 |
| Risk-weighted assets | 84,137,000 | 85,697,000 | 86,266,000 | 87,782,000 |